{"schema_version":"secwatch.filing_event.v1","accession":"0001185185-25-001335","form_type":"8-K","ticker":"RVYL","cik":"0001419275","company_name":"RYVYL Inc.","filed_at":"2025-10-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.363126+00:00","generated_at":"2026-05-17T04:55:08.205918+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"CEO Fredi Nisan to retire Oct 31, 2025; secures $350K severance and advisory role","bullets":["CEO Fredi Nisan will retire effective October 31, 2025; departure is for personal reasons, no disagreement with board.","Severance includes $350,000 cash paid over 12 months and accelerated vesting of 90,964 RSAs, 253,334 RSUs, and 26,667 stock options.","Nisan will serve as a consultant from Nov 1, 2025 through Apr 30, 2026 at $10,000 per month for strategic advisory services.","Director Forest Ralph resigned on September 26, 2025, also for personal reasons, no disagreement disclosed."],"urls":{"canonical":"https://secwatch.observer/filing/0001185185-25-001335","json":"https://secwatch.observer/filing/0001185185-25-001335.json","markdown":"https://secwatch.observer/filing/0001185185-25-001335.md","text":"https://secwatch.observer/filing/0001185185-25-001335.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1419275/000118518525001335/0001185185-25-001335-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1419275/000118518525001335/rvyl8k100125.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T04:55:08.205918+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}